NSE:MARUTI has made inverted head and shoulders pattern on weekly chart. It can be good choice for long term investors and swing traders. Trade Details: Entry: 8600 or below. Stop Loss: 7800 Holding Period: at least 3-4 months It can reach a new all time high in near future. Auto Sector Index has also made an hammer on weekly chart at an important...
COINBASE:BTCUSD has already made a Head and Shoulders pattern in daily chart . On its way to break the neckline. Once Neckline will break, it is expected to fall towards 30-31K from 41000. Trade Details: Entry : Price below 39530 Stop Loss : 44600 Target : 31000 Waiting for your view in comments. Happy Trading :)
ABBOTINDIA and recently made a head and shoulder pattern and also broke its neckline. Expected that, it will take a pullback towards its neckline and fall again . Trade Details: Trade Active : Once testing resistance at 17500-18000 level Stop Loss: 19200-300 Target: 15400 Happy Trading :)
The stock is at a good support level and also near the trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 6500 in near weeks. IT sector view : looks bullish for next couple of weeks (Below in the Weekly chart of CNXIT) The stock is a good pick for...
Out of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage. The stock is at a good support level and also in a trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks. IT sector view : looks bullish for next couple of weeks ...
After consolidating a a zone, FX:EURUSD breaks the trendline on daily basis. Next few Resistance levels to watch for next 2-3 months are 1.159, 1.170, 1.184. Happy Trading :)
In recent weeks it has shown a price increase with a volume rise. It's a good pick for long term investment. Trade Details: Entry at or below: 60 Stop Loss: 49 Holding Period: : 6 months or above Happy Investment:)
FX:AUDNZD has already broke the trend line and now consolidating at the neckline-zone of previous head and shoulders pattern. It is a long trade with a good risk to reward ratio. Trade Details: Entry at or Below: 1.6172 Stop Loss 1.05 Target: 1.08 pls share your view in comments. Happy trading :)
FX:EURCHF is again at the same level as of the month of January 2015. Retesting the Support Zone. Time for Long trade Happy Trading :)
GBPUSD is currently testing a strong resistance at the trend-line followed from May 2021. A downfall from 1.35 to 1.31 or more is expected. Happy Trading :)
GBPAUD is making a triple top (bearish) Pattern. Once the trendline will be broke, we can entry short. Trade Details: Entry when : Trend Line Breaks Target 1 : 1.838 Target 2 : 1.810 Happy Trading :)
COINBASE:BTCUSD has already made a Head and Shoulders pattern in daily chart. Once Neckline will break, it may fall towards 29500 from 41000
FX:EURUSD is currently trading in a range on weekly and daily basis. The crucial resistance level is 1.14246. The next two crucial levels are 1.15924 and 1.17006. If the trend line and the range breaks, these crucial levels are the next to reach . The forecast line is being followed from 2016, at 2020, we have seen a big volume when the price reached near to...
NSE:NMDC has broke the downward trendline followed from 12 May 2021. Next 2 resistance levels to watch: Resistance 1: 146.5 Resistance 2: 157.9 Trade Plan: Entry - Below 140 SL - 129 If weekly close above the trend line, we can go long for couple of weeks
The Stock is currently on the way of making a Rising Three Methods Pattern on Monthly Chart, if the Stock Price Closes above 144.2 this month. It is a Bullish Continuation pattern, can be hold for couple of months if formed. I am learning, any critics or comments are welcome. Happy Investing :)
The Stock takes support on weekly basis, where it faced resistance previously. On monthly chart it created a hammer candle on the support zone. Good Swing Entry for a couple of months, hoping to see new all time high Trade Details: Buy Below : 19600 Stop Loss : 17300 Holding Period: more than 2-3 months
It can be good choice for swing trade for a couple of weeks if it breaks the downward trend-line followed from 13 Oct 2021. For this stock 60.7 acts as a crucial level from May 2004. The Stock is at a trend line support Trade Details: Trade Active : When trend Line breaks Entry: below 63 Stop Loss: Below Trend line Targets: 66, 69.7, 74, 77 ...
Today COAL INDIA closed over 200-day EMA backed by a high volume trading. Also breaks the downward weekly trend-line followed from August 2015 on a daily basis. If it stays above the trend-line for this week, we can go long for couple of weeks. Next Support levels to watch: Support 1 = 162.20 Support 2 = 172.80 Check out the link to my previous Swing...